Chart of the day III: European workforce shift

While the overall employment for Europe has remained fairly constan [blue line]t, what’s remarkable is the shift in its composition, as older workers claim a surprisingly larger share of jobs [red line], with younger would-be workers facing a tougher scramble for those jobs that remain. From Eurostat [PDF]:

2 responses to “Chart of the day III: European workforce shift”

Interesting chart. I wonder what the chart for UK would look like. A few years ago the retirement age for women was raised from 60 on a sliding scale. (If I had been two years older I would already be retired being over 60. I have to wait until I am nearly 63. Those younger have to wait even longer) Many women in this age group have no choice but to continue working if they are able.